New York City  »  10022  »  Lexington Ave  »  570 Lexington Ave

General Electric Building - 570 Lexington Avenue, New York, NY 10022 - Property report

Also known as: 122-130 E 51st St

Property image for General Electric Building - 570 Lexington Avenue, New York, NY 10022
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Property type

Office Only with or without Commercial - 20 Stories or More (O4)

Year built

1931

Lot sq. ft.

16,300

General information

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Address
Building name
General Electric Building
Primary address
General Electric Building - 570 Lexington Avenue
Alternate address(es)
122-130 E 51st St
566-574 Lexington Ave
ZIP code
10022
Neighborhood
Central Midtown
Borough
Manhattan
Block & lot
01305-0060

Owner

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Building
Property type
Office Only with or without Commercial - 20 Stories or More (O4)
Building sq. ft.
458,300
Building dimensions
111 ft x 155 ft
Buildings on lot
1
Stories
50
Year built
1931
Last altered
1996
Building material
Tax
Tax year
2026-2027
Property tax
$5,665,819
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
111.83 ft x 155 ft
Lot sq. ft.
16,300

Area overview

Walk score
99 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
84 /100.  Very Bikeable
School district
2
Community district
5
Closest police station
0.06 Miles
Closest fire station
0.49 Miles

View more such as transportation, nearby schools and risk designations.

Units for General Electric Building - 570 Lexington Avenue, New York, NY

Unit Sale date
Unit RES 07/28/2004

Building Description

The General Electric Building is a class O4 office building located in Central Midtown. It is considered a historic building as it dates back to 1931. It was originally known as the RCA Building and was designed by Cross & Cross. The building has an Art Deco style flourish at the top with a "lightning bolt" design meant to show the power of electricity. The crown of the building is lit from within at night and offers a dramatic splash of light in the night sky. The General Electric Building backs up to the lower Byzantine dome on St Bartholomew's Church.

This commercial office building has 50 units with 453,300 square feet of office space and 5,000 square feet of retail space. The General Electric building is blocks away from the famous Waldorf-Astoria Hotel and St. Bartholomew's Church. The Lexington Ave and 51st St subway station is just 77 feet away. Nearby restaurants include steakhouse Le Relais de Venise and several low cost delis and Starbucks.

Ownership information for General Electric Building - 570 Lexington Avenue, New York, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for General Electric Building - 570 Lexington Avenue, New York, NY 10022

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
07/24/2023 - R Initial UCC1
(2023072400021003)
XXXXX XXX XXXXXXX X X XXXXXXX XXXX XXXXXX XXXXXXX XXX
07/24/2023 - R
07/07/2023 - D
Asgn of Asgn of L&R
(2023072400021002)
XXXXXXXXXXXX XXXX XXXXXXXXX XXXXXXX XXXXXXX XXXX XXXXXX XXXXXXX XXX
07/24/2023 - R
07/07/2023 - D
Assignment, Mortgage
(2023072400021001)
XXXXXXXXXXXX XXXX XXXXXXXXX XXXXXXX XXXXXXX XXXX XXXXXX XXXXXXX XXX
02/15/2018 - R Initial UCC1
(2018021400264009)
XXXXX XXX XXXXXXX X X XXXXXXXXXXXX XXXX XXXXXXXXX XXXXXXX
02/14/2018 - R UCC3 Termination
(2018021400115001)
XXXXX XXX XXXXXXX X X XXX XXXXXXXXXXXX XXXXXX XXXX XXXXXXXXX XXXXXXX
05/02/2018 - R
02/08/2018 - D
Agreement
(2018050200365002)
XXXXXXXXXXXX XXXX XXXXXXXXX XXXXXXX XXXXX XXXXX XXXXXXXX
05/02/2018 - R
02/08/2018 - D
Agreement
(2018050200365001)
XXXXXXXXXXXX XXXX XXXXXXXXX XXXXXXX XXXXXXXX XXX XXX
03/06/2018 - R
02/08/2018 - D
Agreement
(2018030600343002)
XXXXXXXXXXXX XXXX XXXXXXXXX XXXXXXX XXXXXXX XXXXXXXXXX
03/06/2018 - R
02/08/2018 - D
Agreement
(2018030600343001)
XXXXXXXXXXXX XXXX XXXXXXXXX XXXXXXX XXXXXXX XXXXXXXXXX
02/15/2018 - R
02/08/2018 - D
Agreement
(2018021400264008)
XXXXXXXXXXXX XXXX XXXXXXXXX XXXXXXX XXXXX XXX XXXXXXX X X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for General Electric Building - 570 Lexington Avenue, New York, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$5,665,819
Municipal exemptions
Recent tax assessments
Market value
$117,948,000
Assessed value
$53,076,600

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $113,509,000 $51,079,050 $50,855,670 10.848% $5,516,823 $5,516,823 -2.25%
2024/25 $116,538,000 $52,442,100 $52,442,100 10.762% $5,643,819 $5,643,819 +1.57%
2023/24 $116,582,000 $52,461,900 $52,461,900 10.592% $5,556,764 $5,556,764 +0.21%
2022/23 $115,747,000 $52,086,150 $52,086,150 10.646% $5,545,092 $5,545,092 +11.58%
2021/22 $102,687,000 $46,209,150 $46,209,150 10.755% $4,969,794 $4,969,794 -25.15%
2020/21 $141,399,000 $63,629,550 $62,087,100 10.694% $6,639,594 $6,639,594 +3.14%
2019/20 $144,487,000 $65,019,150 $61,093,710 10.537% $6,437,444 $6,437,444 +5.72%
2018/19 $142,103,000 $63,946,350 $57,914,880 10.514% $6,089,170 $6,089,170 +5.40%
2017/18 $139,380,000 $62,721,000 $54,949,610 10.514% $5,777,402 $5,777,402 +7.02%
2016/17 $132,011,000 $59,404,950 $51,053,510 10.574% $5,398,398 $5,398,398 +4.80%

Permit information for General Electric Building - 570 Lexington Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
07/27/2026 Alteration
07/20/2026 Alteration
07/16/2026 Alteration
06/03/2026 Alteration
06/01/2026 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
03/16/2022 Aeuhaz1-fail to certify class 1
03/16/2022 Aeuhaz1-fail to certify class 1
03/07/2022 C-construction

*Most recent DOB violations on record for this property.

Manhattan commercial market stats

Review a detailed real estate market overview of Manhattan and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Manhattan and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$729

10.4% Y-o-Y

Q1 2026 median price/sq. ft.

$807

22.4% Y-o-Y

2025 median price/sq. ft.

$630

-8.1% Y-o-Y

Check out recently sold homes in Manhattan and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Lexington Ave & 51st St at SW Corner
Station lines
E-M-6
Distance (miles)
0.012

Access the detailed traffic volume map for General Electric Building - 570 Lexington Avenue, New York, NY 10022 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Frequently asked questions

What is the year built for General Electric Building - 570 Lexington Avenue, New York, NY 10022?

The development at General Electric Building - 570 Lexington Avenue, New York, NY 10022 was built in 1931.

What is the market value of General Electric Building - 570 Lexington Avenue, New York, NY 10022?

The current market value of General Electric Building - 570 Lexington Avenue, New York, NY 10022 is $117,948,000.

What is the total square footage of General Electric Building - 570 Lexington Avenue, New York, NY 10022?

General Electric Building - 570 Lexington Avenue, New York, NY 10022 has a total of 458,300 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 75.

How many active listings does General Electric Building - 570 Lexington Avenue, New York, NY 10022 have?

This address has 1 active listing(s).

Disclaimer

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Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

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